Refer to the following selected financial information from McCormik, LLC. Compute the company's inventory turnover for Year 2 Year 2 Year 1 Cash $ 38,100 $32,850 Short-term investments 96,000 63,000 Accounts receivable, net Merchandise inventory 88,500 82,500 124,000 12,700 391,000 110,400 714,000 679,eee 393,000 128,000 10,300 Prepaid expenses Plant assets 341,000 Accounts payable 110,800 Net sales Cost of goods sold 378,000 Multiple Choice 317 3.12 3.07 5 76 3.55